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Boomtimes Again

Oh, girl, we're in troooouuuuuubbble now. For the first time since the real estate crash, a condo project, the currently-in-renovation 4 Midtown, has been approved for 97% financing. This means a $276,000 unit could be had for as little as $8,000 down. Miami, you are in trooouuuuuble! Hey, at least this next boom will be one hell of a ride. They always are. [Miami Herald; 4 Midtown coverage]